BSECompany Update23h ago · 26 Oct 2026, 08:05 pm

Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated October 26, 2026, titled Unaudited Financial Results of the Bank for the Quarter and Half Year Ended September 30, 2026".

Tamilnad Mercantile Bank Ltd · 543596

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Tamilnad Mercantile Bank Ltd has announced its unaudited financial results for the quarter and half-year ended September 30, 2026, showing a 27.25% year-on-year growth in total business, 25.49% growth in deposits, and a 42.09% surge in net profit to ₹451 Crore.

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Growth Catalyst6/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment8/10

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Tamilnad Mercantile Bank Ltd - 543596 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Secretarial Section Head Office, 57- V.E. Road, Thoothukudi – 628 002. ☏: 0461-2325136 e-mail : secretarial@tmb.bank.in CIN: L65110TN1921PLC001908 Ref.No.TMB.SE.85/2026-27 26.10.2026 The Manager The Manager National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 'G' Block, Bandra - Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051. Mumbai – 400 001. Ref: Symbol: TMB / Scrip Code: 543596 Dear Sir/Madam, Sub: Press Release – Q2 Results Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the Press Release made by the Bank titled – “Unaudited Financial Results of the Bank for the quarter and half-year ended September 30, 2026” Kindly take the information on record. Yours faithfully, For Tamilnad Mercantile Bank Limited Swapnil Yelgaonkar Company Secretary & Compliance Officer R egd. Office 5 7, V.E. Road, Thoothukudi - 628 002 Tamilnad Mercantile Bank Ltd., Customer Value Enhancement Department, Head Office, Thoothukudi PRESS R ELEASE Date: 26.10.2026 Place: Thoothukudi Unaudited Financial Results of the Bank for the Quarter Ended / Half Year Ended September 30, 2026 Tamilnad Mercantile Bank Ltd (TMB), one of the renowned Old Private Sector Banks, having its headquarters in Thoothukudi has a long-cherished history of 105 years of eventful existence with strong fundamentals and an enviable track record of continuous profit making in the industry. TMB is having pan India presence with 631 branches and 13 Regional Offices across 17 states and 4 Union Territories and serves more than 5.3 million satisfied customers. The Board of Directors of Tamilnad Mercantile Bank Ltd has approved the Unaudited Financial Results of the Quarter Ended / Half Year Ended September 30,2026 in their meeting held at Thoothukudi on 26.10.2026. Shri. Salee S Nair, Managing Director and CEO of the Bank declared the results. The Chief Financial Officer, Executive Vice Presidents and other senior officials of the Bank were also present in the event. Shri. Salee S Nair, MD & CEO, Tamilnad Mercantile Bank Ltd said, “Our performance in Q2 FY2027 reflects the strength of our core banking business, with retail banking continuing to be a key contributor and business gaining momentum overall. As we enter the festive season, we see opportunities to support increased business activity across the markets we serve, particularly among traders and MSMEs preparing for higher inventory requirements and working capital needs. With our deep understanding of local businesses and customer relationships built over decades, we are well positioned to support these evolving credit requirements while continuing to serve the financial needs of households. Going forward, our focus will be on building this business momentum, expanding our reach and ensuring that growth is supported by sound underwriting and a sustained commitment to customer service.” The Bank continues to post strong performance in all fundamental parameters. Bank’s Performance Highlights for Q2 FY2027 (YoY)  Total Business grew by 27.25%, highest year on year growth since listing of the Bank.  Deposits grew by 25.49 % on YoY basis, deposits has increased to ₹69546 Crore (PY ₹55421 Crore)  The Bank’s CASA has increased to ₹17629 Crore (PY ₹15163 Crore)  The advance level of the Bank has increased to ₹60691 Crore with a growth rate of 29.32% on YOY basis.  Lowest GNPA in the last 10 years at 0.61% Page 1 of 2 (₹ in Crore) Parameters September 2026 (Q2) September 2025 (Q2) Growth – YoY % Total Deposits 69546 55421 25.49% Total Advances 60691 46930 29.32% CASA 17629 15163 16.26% Total Business 130237 102351 27.25% Retail, Agri & MSME (RAM) 57247 44392 28.96% Net Profit 451 318 42.09% Networth 10769 9444 14.03% Book Value (₹) 680.09 596.38 14.03% ROA % 2.18 1.85 33 bps ROE % 16.92 13.77 315 bps Gross NPA(%) 0.61 1.01 -40 bps Net NPA(%) 0.14 0.26 -12 bps EPS (₹) (Not Annualised) 28.49 20.05 ₹8.44 CRAR % 32.39 30.96 143 bps  Net profit has surged to ₹451 Crore from ₹318 Crore, up by 42.09%.  Net NPA has decreased to 0.14% from 0.26%, improved by 12 bps.  PCR (without technical write-off) has improved to 77.49% from 74.36%  Total SMA to Gross Advances has reduced to 1.67% from 2.67%, improved by 100 bps.  The CRAR % has increased to 32.39% from 30.96 %, improved by 143 bps.  Book value of share has increased to ₹680.09 from ₹596.38  The Net Interest Income is at ₹807 Crore for the quarter Q2FY27 as against ₹597 Crore for Q2FY26 registering a growth rate of 35.17%.  The Bank’s Networth has increased to ₹10769 Crore (PY ₹9444 Crore) with an absolute rise of ₹1325 Crore registering a growth rate of 14.03%.  The RAM segment has increased to 28.96% in Q2FY27 as against Q2FY26. New Branch Opening  The Bank opened 3 New Branches during Q2FY27. The Bank remains committed in delivering value to its stakeholders. Page 2 of 2 Regd. Office 57, V.E. Road, Thoothukudi - 628002 த(cid:3032)ழ்நா(cid:3012) ெமரக் ்கன்ைடல் வங்(cid:2996) (cid:3047)ட்., வா(cid:3010)க்ைகயாளர் ம(cid:3018)ப்(cid:3030) ேமம்பாட(cid:3012)் த் (cid:3020)ைற, தைலைம அ(cid:3049)வலகம், (cid:3021)த்(cid:3020)க்(cid:2998)(cid:3010) பத்(cid:3018)ரிக்ைகப் (cid:3028)ர(cid:3006)ரம் நாள் : 26.10.2026 இடம் : (cid:3021)த்(cid:3020)க்(cid:2998)(cid:3010) மற்(cid:3045)ம் அைரயாண் (cid:3012) நி(cid:3018)நிைல அ(cid:3043)க்ைக – 30.09.2026 த(cid:3032)ழ்நா(cid:3012) ெமரக் ்கன்ைடல் வங்(cid:2996) (cid:3047)(cid:3032)ெடட் (TMB), (cid:3021)த்(cid:3020)க்(cid:2998)(cid:3010)ைய தைலைம(cid:3036)டமாகக் 105 ஆண் (cid:3012)கால (cid:3004)றப்(cid:3030)(cid:3032)க்க வரலாற்ைற(cid:3038)ம், வ(cid:3047)ைமயான அ(cid:3010)ப்பைடக் ஈட்(cid:3010)வ(cid:3040)ம் (cid:3004)றப்பான சாதைனையப் பைடத்(cid:3020)ள்ள(cid:3020). அ(cid:3049)வலகங்க(cid:3052)டன் அ(cid:2996)ல இந்(cid:3018)ய அள(cid:3059)ல் இயங்(cid:2996) வ(cid:3040)(cid:2996)ற(cid:3020). ேம(cid:3049)ம் 53 லட்சத்(cid:3018)ற்(cid:2998)ம் ேமற்பட்ட (5.3 (cid:3032)ல்(cid:3047)யன்) (cid:3018)(cid:3040)ப்(cid:3018)யான வா(cid:3010)க்ைகயாளரக் (cid:3052)க்(cid:2998)ச ் ேசைவ (cid:3030)ரிந்(cid:3020) வ(cid:3040)(cid:2996)ற(cid:3020). த(cid:3032)ழ்நா(cid:3012) ெமரக் ்கன்ைடல் வங்(cid:2996)(cid:3036)ன் இயக்(cid:2998)நரக் ள் (cid:2998)(cid:3057), ெசப்டம்பர ் 30, 2026 அன்(cid:3045) (cid:3034)(cid:3010)(cid:3061)கைள, 26.10.2026 அன்(cid:3045) (cid:3021)த்(cid:3020)க்(cid:2998)(cid:3010)(cid:3036)ல் நைடெபற்ற (cid:2999)ட்டத்(cid:3018)ல் அங்(cid:2997)கரித்த(cid:3020). வங்(cid:2996)(cid:3036)ன் நிரவ் ாக இயக்(cid:2998)நர ் மற்(cid:3045)ம் தைலைம ெசயல் அ(cid:3018)காரி (cid:3018)(cid:3040). ச(cid:3048) எஸ் . நாயர ் அவரக் ள் இந்த (cid:3034)(cid:3010)(cid:3061)கைள ெவளி(cid:3036)ட்டார.் இந்நிகழ்ச(cid:3004)் (cid:3036)ல் தைலைம நி(cid:3018) அ(cid:3018)காரி, ெசயல் (cid:3020)ைணத் தைலவரக் ள் மற்(cid:3045)ம் வங்(cid:2996)(cid:3036)ன் (cid:3028)ற (cid:3035)த்த அ(cid:3018)காரிக(cid:3052)ம் (cid:3018)(cid:3040). ச(cid:3048) எஸ் . நாயர,் MD & CEO, த(cid:3032)ழ்நா(cid:3012) ெமரக் ்கன்ைடல் வங்(cid:2996) (cid:3047)(cid:3032)ெடட ் ெதரி(cid:3059)க்ைக(cid:3036)ல்: “2026–27ஆம் நி(cid:3018)யாண் (cid:3010)ன் இரண் டாவ(cid:3020) காலாண் (cid:3010)ல் எங்கள் வங்(cid:2996)(cid:3036)ன் ெசயல்பா(cid:3012), எங்கள(cid:3020) அ(cid:3010)ப்பைட வங்(cid:2996)ச ் ேசைவகளின் வ(cid:3047)ைமையப் (cid:3028)ர(cid:3018)ப(cid:3047)க்(cid:2996)ற(cid:3020). (cid:3004)ல்லைற Page 1 of 4 அ(cid:3018)கரிக்(cid:2998)ம் சரக்(cid:2998) இ(cid:3040)ப்(cid:3030)த் ேதைவகள் மற்(cid:3045)ம் நைட(cid:3034)ைற (cid:3035)லதனத் ேதைவக(cid:3052)க்(cid:2998)த் தயாரா(cid:2996) வ(cid:3040)ம் வரத் ்தகரக் ள் மற்(cid:3045)ம் (cid:2998)(cid:3045), (cid:3004)(cid:3045) மற்(cid:3045)ம் ந(cid:3012)த்தரத் ெதா(cid:3055)ல் வணிகங்கள் (cid:2998)(cid:3043)த்த எங்கள(cid:3020) ஆழமான (cid:3030)ரித(cid:3049)ம், பல ஆண் (cid:3012)களாக வா(cid:3010)க்ைகயாளரக் (cid:3052)டன் ஏற்ப(cid:3012)த்(cid:3018)(cid:3038)ள்ள வ(cid:3049)வான உற(cid:3061)க(cid:3052)ம், அவரக் ளின் வளரந் ்(cid:3020) ேசைவப் பரப்ைப (cid:3059)ரி(cid:3061)ப(cid:3012)த்(cid:3020)தல், ( [Showing first 8,000 characters — download PDF for full document]